Posts in category

Token Economy


Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. When people ask me what got me into bitcoin, I often answer with one word: “Argentina. …

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Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. “Crypto in crisis.” Mainstream press outlets covering battered crypto markets have frequently invoked that phrase …

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Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. The financial bubbles of 17th and 18th century Europe are favorite references for those, among both …

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Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. Blockchain governance is hard. That’s the only reliable conclusion to draw from the chaotic, contentious rollout …

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Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. Imagine if flour millers insisted on knowing the precise identity and originating farm of each grain …

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It may have seemed unthinkable four years ago, but crypto tokens might be coming to R3’s Corda. Revealed exclusively to CoinDesk, Cordite, an open-source community that’s independent from R3, but building solely on the code it pioneered, is about to come out of stealth mode. Cordite promises to do for enterprise blockchains what the ERC-20 standard did …

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Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. Whether bitcoin or its imitators eventually achieve global ubiquity, they have already achieved success in one …

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OK, Ardor fans. You have your wish. Your favorite token is getting a mention on CoinDesk. Not, perhaps, for the reasons you want. But they do say all publicity is good publicity. So, there you have it. The response to my column last week on layer-two solutions was mostly positive with the usual dose of …

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Michael J. Casey is chairman of CoinDesk’s advisory board and a senior advisor of blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. Welcome to the “Layer 2” era. We are now entering an exciting new phase of blockchain development …

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Michael J. Casey is chairman of CoinDesk’s advisory board and a senior advisor of blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. After multiple proofs of concept, pilots and early rollouts, supply chain management is emerging as the killer …

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Michael J. Casey is chairman of CoinDesk’s advisory board and a senior advisor of blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. Cryptocurrency advocates are constantly trying to convince non-experts of the advantages of permissionless blockchains, typically by explaining …

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Michael J. Casey is chairman of CoinDesk’s advisory board and a senior advisor of blockchain research at MIT’s Digital Currency Initiative. Even before the questions began, one early image from Mark Zuckerberg’s Congressional appearance confirmed that the hearing would focus on all the wrong things. The crush of photographers clamoring for a shot of the …

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South Korea’s ban on initial coin offerings (ICOs) could be eased in the coming months, according to a new report. CoinDesk reported in September that the country’s Financial Services Commission had moved to prohibit the blockchain funding model. Yet a new report from the Korea Times suggests that the ban may be lifted in part, specifically …

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Dutch finance minister Wopke Hoekstra issued a letter to parliament on Thursday advocating for an international approach to cryptocurrency regulation. His initial focus is new consumer protections, public documents suggest. To start, Hoekstra wants to talk with credit card companies about potentially instituting stronger protections for people who buy cryptocurrency with credit cards, for example. Under some …

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Michael J. Casey is chairman of CoinDesk’s advisory board and a senior advisor of blockchain research at MIT’s Digital Currency Initiative. It’s International Women’s Day – a good time for a mea culpa to the overlooked women in the blockchain industry. Last week, Paul Vigna and I presided over a Museum of American Finance event …

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Cameron and Tyler Winklevoss said they hope to add more digital currency options to their Gemini Exchange in 2018, possibly including bitcoin cash and litecoin. The twins made this announcement on Thursday at an event hosted by Cboe Global Markets Inc., Bloomberg reported. The Chicago futures exchange uses Gemini’s pricing data for bitcoin contracts, and …

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A well-known economist has predicted a steep drop in the price of bitcoin over the long-term. Kenneth Rogoff, a Harvard professor and former chief economist at the International Monetary Fund, said on CNBC’s Squawk Box program on Tuesday that he expects a fall to as low as $100 over the net decade. Rogoff remarked on the …

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Michael J. Casey is chairman of CoinDesk’s advisory board and a senior advisor of blockchain research at MIT’s Digital Currency Initiative.  Every year at the World Economic Forum, a handful of timely, hot-button issues overshadow the myriad other topics consuming the chatter of the attending businessmen, government officials, development professionals, celebrities, journalists and multiple other …

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Michael J. Casey is chairman of CoinDesk’s advisory board and a senior advisor of blockchain research at MIT’s Digital Currency Initiative. Mark Zuckerberg, worth $71 billion at just 33, has done rather well by Facebook’s centrally managed system. Over the past decade and a half, the social media behemoth’s closed-source algorithm has quietly manipulated its …

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Michael J. Casey is chairman of CoinDesk’s advisory board and a senior advisor of blockchain research at MIT’s Digital Currency Initiative. I am frustrated by the debate over whether or not bitcoin is an environmental disaster waiting to happen. No one seems to know what assumptions to use. Depending on what efficiency ratios we assume for …

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